Bitfinex Securities completed a record $50 million raise for Alkemya, whose token represents interests in a partnership that holds nickel assets.

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The abandoned bids would have cost over $2 million in base fees alone, leading the firm to prioritize financial viability over broader internet adoption.

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Developers are holding details for two weeks while fixes reach operators, in the second Lightning security emergency this month traced to AI work on Bitcoin code.

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Bitcoin (BTC) has pushed its daily relative strength index (RSI) above 85, a level crypto analyst Sykodelic says has never appeared during a bear market, after the asset reached above $81,000 this week.

The reading is being used to argue that the latest rally looks more like the opening of a new uptrend than a temporary bear-market bounce.

Bitcoin’s RSI Breaks a Historical Pattern

In a post on August 27, Sykodelic pointed to Bitcoin’s 10-year price history and argued that every time the daily RSI moved above 85, it either came near the top of a major uptrend or appeared at the beginning of one.

“Never in Bitcoin’s history has it ever tagged 85+ in a bear market,” the analyst wrote. “Even when Bitcoin was worth $10 in 2011 there was not a 1D RSI reading of 85+ in a bear market.”

However, he did acknowledge that the current move could become the first exception, but added, “But I doubt it.”

The analyst later described the price action as “vertical accumulation,” saying the current structure resembles November 2024, the last time Bitcoin’s daily RSI reached 85. The pattern starts with a move into overbought territory, followed by a rally that gives traders few entries. Price then works through resistance without large pullbacks, with a higher continuation while “everyone expects it to drop again.”

Derivatives activity has also picked up. Arab Chain reported earlier today that Bitcoin open interest on Binance reached about $9.54 billion, its highest level in three months, showing a clear return of activity and liquidity to the futures market.

According to the market watchers, an uptick in open interest coming at the same time that price is increasing could be a reflection of “growing confidence in the bullish trend.” However, it also raises liquidation risk if BTC reverses.

The Bull-Cycle Case Still Needs Confirmation

CryptoQuant recently offered a more cautious reading in an update published August 25, which showed its Bull Score had risen from 30 to 80, with eight out of 10 indicators in bullish territory, while apparent spot demand posted its fastest monthly increase since late December 2025. Spot and futures demand also rose together for the first time since early October of the same year.

CryptoQuant nevertheless set a condition for confirmation: Bitcoin needs a daily close above its 365-day moving average, currently near $83,000.

BTC’s rejection after crossing $81,000 also added another wrinkle, with the price falling by roughly $3,000 from that local high but remaining more than 22% higher on the week at the time.

The OG crypto was trading near $79,000 at the time of writing, having barely changed in 24 hours but still up nearly 14% in seven days, with a range stretching from about $69,000 to $81,000 in that time. Its 30-day gain stood at roughly 24%, but Bitcoin is still almost 38% below its October 2025 record of just over $126,000.

The post Bitcoin’s RSI Has Done This Only Near Major Bull Runs: Analyst appeared first on CryptoPotato.

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The Blockchain Association’s Summer Mersinger dismisses the harm to community banks in defending the stablecoin rewards language in the Clarity Act, says community banker Nate Franzén.

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Ethereum price held above $2,500 on Aug. 27 after strong US spot ETF inflows, improving global liquidity conditions, and a historic short squeeze supported its weekly breakout.

Summary

• Ethereum price gained about 7.8% from its Aug. 21 opening price to trade near $2,507.
• US spot Ethereum ETFs attracted $697.2 million during their strongest inflow week of 2026.
• The daily chart places ETH at the critical $2,500 resistance level, with $2,656 as the next upside target.
• Liquidation data show concentrated leverage around $2,550 above price and $2,415 below it.

Ethereum price holds its weekly breakout

According to data from crypto.news, Ethereum (ETH) price traded near $2,507 at the time of writing, up about 7.8% from its Aug. 21 opening price of $2,326. The token briefly reached a weekly high near $2,566 before settling into a narrow range around the psychological $2,500 level.

The move followed a sharp breakout from the $1,875–$1,950 range that had contained ETH for much of August. Buyers pushed the price above its February-to-May resistance area and have so far prevented a deeper return to the former range.

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Ethereum’s daily chart shows the price trading almost exactly at the $2,500 Murrey Math resistance. Chaikin Money Flow stood at 0.24, remaining well above zero and showing that buying pressure continued to outweigh selling pressure.

Holding above $2,500 would turn the former resistance into support and strengthen the case for another leg higher. A rejection, however, could leave the breakout vulnerable because ETH has moved more than 30% from its pre-rally consolidation zone without a major correction.

Why is Ethereum price up?

Ethereum’s rally began after the US Treasury announced that it would at least double the maximum size of its long-end liquidity-support bond buybacks from $2 billion to $4 billion per operation beginning Sept. 9. The increase covers nominal Treasury securities in the 10-to-20-year and 20-to-30-year sectors. The Treasury announced the change on Aug. 19.

Market participants treated the decision as supportive of liquidity-sensitive assets. Bond buybacks can improve trading conditions in older Treasury securities, while lower long-term yields generally make risk assets such as cryptocurrencies more attractive relative to fixed-income investments.

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A record derivatives squeeze amplified the initial move. Nearly $3 billion in leveraged crypto positions were liquidated in 24 hours, with bearish positions accounting for about 92% of the total. Ethereum jumped roughly 18% during the event as short sellers were forced to close positions in a rising market. crypto.news reported that it was the largest concentrated short squeeze since November 2021.

US institutional demand then helped ETH retain those gains. Spot Ethereum exchange-traded funds recorded approximately $697.2 million in net inflows during the week ending Aug. 21, their strongest weekly performance of 2026. The inflows formed part of a combined $2.6 billion entering US-listed Bitcoin and Ethereum funds.

ETF demand provided a spot-market foundation after the liquidation-driven rally. It also helped offset isolated negative developments in decentralized finance, including the estimated $8.5 million loss connected to the Term Finance governance attack.

Ethereum faces a liquidity test at $2,550

The 4-hour chart shows ETH consolidating in the upper half of its Bollinger Bands. Price stood above the indicator’s $2,477 midpoint, while the upper and lower bands were positioned near $2,514 and $2,441.

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A 4-hour close above the upper band would indicate that buyers have regained short-term control. The Awesome Oscillator remained positive at 32.22 and had started printing green bars again, suggesting that momentum was attempting to recover after weakening during the consolidation.

The three-day CoinGlass liquidation heatmap identifies the largest nearby liquidity concentration around $2,545–$2,555. Price often moves toward areas containing dense leveraged positions, making that region the immediate target if ETH continues higher.

Clearing $2,550 could expose thinner liquidity between approximately $2,575 and $2,600. The daily chart identifies $2,656 as the next major technical target, followed by $2,812 if momentum expands.

Leverage also creates downside risk. The heatmap shows a large liquidation cluster near $2,410–$2,420, while the 4-hour Bollinger Band provides nearer support at $2,477 and $2,441. Losing those levels could pull ETH toward the larger liquidity pool below.

Broader daily support sits at $2,343, followed by the $2,187 pivot. A decline below $2,343 would place the latest breakout at risk and increase the chance of a return toward the previous trading range.

Analysts watch the weekly close above $2,550

Crypto trader Daan Crypto Trades said ETH was consolidating above its previous resistance but needed to extend the rally soon to avoid falling back below the breakout level.

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“Otherwise you risk deviating back below the resistance and for this to turn into a big liquidity grab,” the analyst wrote.

The trader said bulls should push Ethereum to new local highs by the end of the week. Failure to do so could produce a rejection wick, weakening the apparent breakout.

Analyst Ted Pillows also identified $2,550 as Ethereum’s decisive resistance zone. According to his weekly chart, a close above that level could open a move toward $3,000. The chart places the first major support near $2,180 and a lower support area around $1,950.

The daily Murrey Math setup broadly supports that upside scenario. A confirmed break above $2,500 would place $2,656, $2,812, and $2,969 on the chart as successive targets. The first two levels represent overbought territory, meaning traders could take profits even if the broader trend remains positive.

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Ethereum’s next move therefore depends on whether ETF-supported spot demand can carry the price through the $2,550 liquidity wall. A weekly close above it would confirm that buyers retained control after the short squeeze, while a drop through $2,441 would signal that the rally has entered a deeper retracement.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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SimpleSwap today marked one year of fixed-rate exchanges running inside the Exodus wallet.

SimpleSwap-powered fixed-rate exchanges have been running within the Exodus wallet for a year. Over those twelve months, the partner side of the product gained five capabilities, none of which required Exodus or any other partner to change their integration.

Automatic refunds on swaps paused for screening

A small number of exchanges are paused for compliance checks. If a check requires further review and the exchange cannot proceed, the funds are automatically returned to the refund address; no ticket is needed.

Most refunds are completed within 5 to 15 minutes, although they can take up to 30 minutes when networks are busy. Partner statistics first show the exchange as failed, then as refunded once the money arrives.

What partners need to know:

• The refund_address field must be passed in the API request. Partners who do not collect a refund address from the user can provide their own and settle directly with the user.
• A standard network fee is deducted from the returned amount. No service charge is added on top of it.
• Coverage spans the major networks and assets. Account managers hold the current list.
• Refunds apply to eligible exchanges, not to every case.

A pause does not mean the user is being accused; it simply means there is reason to take a closer look. Crypto funds can carry over history from earlier or third-party transactions that the current sender may know nothing about, which is why the money is returned rather than left sitting somewhere.

“Nobody celebrates a swap that had to be sent back,” said Stefan Lauer, Head of Infrastructure at SimpleSwap. “But whether that money comes back on its own or through a support ticket is the part a partner lives with every day. Wallets put their own users in front of infrastructure they did not build, and a year of that from Exodus is not a small thing to hand over. Most of what shipped this year came from taking it seriously.”

Fee settings per API key and per pair

Partner accounts now set the fee percentage for an individual API key and an individual pair, rather than across the account as a whole.

A wallet can issue a separate key for each product or traffic source, give each one its own margin, and then compare the results directly. A BTC-to-USDT route can be priced differently from a long-tail altcoin route.

Pricing experiments run within the dashboard rather than in a release cycle.

Margin set on the individual transaction

The exchange creation method accepts a custom_fee parameter, so the profit share is set when an exchange is created rather than inherited from its key. Reference: https://api.simpleswap.io/docs/api/create-exchange

A promotional rate for one user segment can run alongside a standard rate for another, without changing account settings.

This is the level of payment flows usually needed, where pricing depends on the basket rather than on the integration.

Reverse estimate

A standard estimate answers the question “How much will I receive for 1 BTC?” Reverse estimate answers the opposite one: “How much does the customer need to send to receive 500 USDT?”.

Payment services use it to quote goods and services in a stable equivalent while accepting whatever asset the buyer holds.

The settlement figure is known before the invoice goes out.

300+ assets added, with no partner-side release

More than 300 assets were listed over the year, including tokens requested directly by partners. They reach partner apps through the same currency call already in place.

Behind that pace sits the aggregation layer, which now draws on 20+ liquidity providers across CEX and DEX venues, with NEAR among the sources announced publicly. A wider pool means a new asset can usually be routed through existing infrastructure, rather than waiting for a single venue to support it.

Listing requests arrive when a coin starts moving, making the speed of adding an asset a commercial rather than a technical question.

Where things stand after year one

• 20+ liquidity providers aggregated across CEX and DEX sources
• 2,800+ assets available for exchange, 300+ of them listed in the past year
• 3.2M+ trading pairs
• 6,000+ partner products running SimpleSwap
• 20M+ swaps processed for 10M+ users since 2018
• 99.9% uptime
• 4-minute average support response when a case needs a person

Five changes went out over the year, and not one of them was a migration. The integration Exodus shipped in August 2025 is the same one running today, with a broader asset list and finer control over what each transaction earns. Teams that want to switch any of it on will find the details in the API documentation or through their account manager.

About SimpleSwap

SimpleSwap is a self-custodial, multi-source swap aggregator that helps users exchange crypto with greater privacy and control, without having to compare providers and routes themselves. It supports direct wallet-to-wallet swaps across 20+ liquidity providers and 2,800+ swappable assets, combining liquidity from well-known CEX and DEX sources under the hood.

Operating since 2018, the exchange infrastructure is integrated into 6,000+ partner products, including Exodus, Tangem, Ellipal, Cake Wallet, and Tonkeeper.

For partners: SimpleSwap API integration at https://simpleswap.io/affiliate-program API documentation: https://api.simpleswap.io/docs

The post SimpleSwap Marks a Year Inside Exodus Wallet, Ships Five Partner Updates WithNo Integration Changes appeared first on BeInCrypto.

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XRP price is trying to reconcile two conflicting signals coming from the asset. One points to distribution. The other points to accumulation at scale. Both are happening at once, and that’s not a coincidence.

CryptoQuant-linked analyst Darkfost flagged a 231 million XRP withdrawal from Binance in a single day this week, worth $330-335 million at the time, the largest such move in about six months. Whale wallets have also sent close to 1.45 billion XRP to Binance over the trailing 30 days.

Those figures look like sell-side ammunition even as some of that liquidity cycles back off-exchange. Meanwhile, seven U.S. spot XRP ETFs have pulled in $1.55 billion in cumulative inflows, with August alone doubling July’s pace.

The market isn’t dragging XRP down; Solana posted 20%+ gains this week while Bitcoin keeps on going higher.

Discover: The Best Token Presales

Can XRP Price Hit $1.70 This Week?

XRP price is moving in an intraday range of $1.40 to $1.45, showing a market still digesting last week’s 50% rally before this week’s pullback toward the $1.40 zone. Immediate support sits near $1.40, with a deeper floor around $1.33-1.36 based on Fibonacci retracement levels.

Resistance clusters at $1.50-$1.55, where XRP was already rejected once, then again near the $1.65 prior weekly close. RSI(14) readings near 25 suggest an oversold condition, though the aggregate technical signal still leans toward sell pressure.

Xrp (XRP)

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If XRP can maintain its ETF inflows with whale-driven supply, it could reclaim $1.50, and momentum carries it back toward $1.65. Consolidation could also happen between $1.40 and $1.50 while the market waits for the next flow data print.

But it’s going to look bad if it breaks below $1.40, which opens the door to $1.33, especially if escrow unlock concerns resurface and compound whale selling.

We are watching for confirmation and should track daily ETF flow reports alongside exchange balance shifts before committing size.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

A 4.53% bounce off recent lows is constructive, but XRP at a market cap already north of $80 billion isn’t handing out 10x setups. The math simply doesn’t work that way at scale.

This pushed a segment of traders toward earlier-stage plays where the upside curve looks different. LiquidChain ($LIQUID), a Layer 3 infrastructure project positioning itself as the connective tissue between Bitcoin, Ethereum, and Solana liquidity pools, is on traders’ radar.

The pitch: a Unified Liquidity Layer with Single-Step Execution and Verifiable Settlement, built on a Deploy-Once Architecture that lets developers ship once and reach all three ecosystems instead of fragmenting deployments across chains.

Current presale price sits at $0.01494, with $950K raised so far.

Research LiquidChain directly before the presale closes.

Discover: The Best Crypto to Diversify Your Portfolio

The post XRP Price Caught Between $231M Whale Selling and ETF Inflows appeared first on Cryptonews.

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